$3 Trillion Market Cap for Apple – Do Traders Care?


What's the big takeaway in this week's sentiment survey?

Traders are a little less excited about Apple (AAPL)... right when the company reached the $3 trillion market cap.

SPX Bulls Back Off

January tends to be a good month for stocks, but bullish sentiment backed off a bit from last week.

Bitcoin Sentiment Edges Lower

Bitcoin continues to trend lower after the September to November explosion, so it's no surprise to see sentiment edging down.

Apple Bulls Settle Down

Apple (AAPL) sentiment was also down from last week, though that's too bad. the stock is ripping to kick of 2021, becoming the first company to hit a $3 trillion market cap.

Tesla Still Liked

Tesla (TSLA) sentiment is basically flat with last week, and that's good - the stock is screaming higher after the company reported strong Q4 shipment numbers.

Gold Bullishness Jumps

Gold sentiment tends to be all over the place from week to week. And this week, there was a big jump from 56% to 72%. 

Oil Sentiment Flattish

Oil prices have rallied well off the December lows, but traders are not particularly excited about oil.

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